Hedge funds score big win on obscure trade as North Korea nuclear risk is raised

An obscure safety trade against fallout from a North Korean nuclear attack leaped Wednesday to its highest in more than a year. Hedge funds bought South Korea’s five-year credit default swap, sending the cost of protection against the country’s inability...

Mylan stock bounces back from early losses after CEO blames FDA for drug delays

Mylan’s stock bounced back in midday trading Wednesday from lower-than-expected second quarter earnings after the company’s management said its generic drug Advair is not being delayed by further FDA-required studies. After shares of the drug-maker dropped...

Maryland City May Let Noncitizens Vote, a Proposal With Precedent

By MAGGIE ASTOR August 9, 2017 As a federal commission searches for evidence of voter fraud and many states try to impose new voting restrictions, a city in Maryland may move in the opposite direction: allowing noncitizens to vote in local elections. In...